Fri, 4 July
20.1 C
Yerevan
USD: 384.46 RUB: 4.89 EUR: 453.47 GEL: 141.43 GBP: 525.21

Armenia’s monetary base rose 3.8% to AMD 746.4 billion in November

YEREVAN, January 9. /ARKA/. Armenia’s monetary base grew by 3.8% in November, compared with October, to about AMD 746.4 billion, the National Statistical Service reported referring to the central bank’s preliminary figures.

Cash outside the central bank amounted to over AMD 405.74 billion in late November against over AMD 408.61 billion at the end of October.

Mandatory reserves in drams totaled over AMD 182 billion in November (increase of 1.9%), and those in foreign currencies grew by 19.9% to over AMD 154.86 billion.

Net international reserves less funds from privatization grew 6.6% over November, compared with October, to over AMD 525.7 billion.

Net internal assets totaled over AMD 220.6 billion against over AMD 225.9 billion in October. ($1 – AMD 405.95).  –0–

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

Citizens fallen victim to fraudsters in Armenia will have their interest rates reset to zero

The Armenian Ministry of Internal Affairs held intensive discussions with representatives of the office of Deputy Prime Minister Mher Grigoryan, the Investigative Committee, and the Central Bank to resolve the problem of citizens affected by cybercrime.

Arka news agency’s ranking of most profitable Armenian banks in 2019

In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019

LATEST NEWS

spot_imgspot_imgspot_img